ATC plans up to $3.4B spending in Wisconsin and Michigan
USA: American Transmission Co.’s 10-year plan for electric grid improvements in Wisconsin and Michigan includes a mix of new construction and continued asset maintenance projects that are worth between $2.8 billion and $3.4 billion.
Specifically, the ATC’s plan calls for investment of $1.5 billion in asset maintenance, $0.3 billion in regional multi-value projects, $0.5 billion in network projects and between $0.5 billion and $1.1 billion in other capital expenditures, reports T&D World.
“Our long-range planning efforts assure the reliability that our customers depend on,” said Jim Vespalec, director of asset planning and engineering. “The expenditures in the 2018 plan reflect the measures necessary to maintain and improve electric reliability.”
Source: T&D World